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Credicorp Reshapes Board Leadership and Committees for 2026–2029 Term

Story Highlights
  • On April 1, 2026, Credicorp appointed a new board leadership, naming Luis Romero Belismelis chairman and Raimundo Morales Dasso vice-chairman for the 2026–2029 term.
  • Credicorp reconstituted its Audit, Risk, Compensation and Nominations, and Sustainability committees, signaling stronger governance, risk oversight and ESG focus through 2029.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Credicorp Reshapes Board Leadership and Committees for 2026–2029 Term

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Credicorp ( (BAP) ) has provided an update.

On April 1, 2026, Credicorp’s board, following the company’s Annual General Meeting of Shareholders, confirmed a new board slate for the March 2026–March 2029 term, electing Luis Romero Belismelis as chairman and Raimundo Morales Dasso as vice-chairman. The board also refreshed key governance bodies, assigning directors to the Audit, Risk, Compensation and Nominations, and Sustainability committees, moves that signal an emphasis on risk oversight, remuneration policy and ESG priorities that could shape Credicorp’s strategic direction and risk profile over the next three years.

The Audit Committee will be chaired by financial expert Juan Paredes Manrique, with Nuria Aliño Pérez and María Teresa Aranzabal Harreguy as members, and Morales Dasso serving as an advisor, strengthening financial reporting oversight. The Risk Committee will be led by Pedro Rubio Feijóo and include senior board figures such as Romero Belismelis and Morales Dasso, underscoring the group’s focus on risk management amid a complex macroeconomic environment.

The Compensation and Nominations Committee, chaired by Aliño Pérez, and the Sustainability Committee, chaired by Aranzabal Harreguy, integrate directors with diverse experience, aligning board composition, pay structures and sustainability agenda with Credicorp’s long-term strategy. For shareholders and creditors, the clarified leadership structure and committee line-up provide greater visibility into how the group intends to balance growth, governance and sustainability from 2026 to 2029, potentially affecting its governance scores and investor perception.

The most recent analyst rating on (BAP) stock is a Buy with a $369.00 price target. To see the full list of analyst forecasts on Credicorp stock, see the BAP Stock Forecast page.

Spark’s Take on BAP Stock

According to Spark, TipRanks’ AI Analyst, BAP is a Outperform.

Overall score is driven primarily by strong fundamentals (profitability recovery, improving leverage) and a positive earnings outlook (stable NIM, growth guidance, improving asset quality, strong capital and dividend intent). Valuation is supportive with a moderate P/E and solid yield. The main offsets are cash-flow volatility and mixed near-term technical momentum.

To see Spark’s full report on BAP stock, click here.

More about Credicorp

Credicorp Ltd. is a Peru-based financial holding company whose main subsidiary is Banco de Crédito del Perú, a leading universal bank serving retail and corporate clients in the Peruvian market. Through its banking and related financial services businesses, Credicorp plays a central role in Peru’s financial system and capital markets, giving its governance decisions broad relevance for regional investors.

Average Trading Volume: 490,316

Technical Sentiment Signal: Buy

Current Market Cap: $26.98B

Learn more about BAP stock on TipRanks’ Stock Analysis page.

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